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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Aveng returns to operating profit, appoints new CEO as focus remains on restoring fundamentals

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JSE-listed Aveng has reported revenue of A$2.3-billion, or R26.4-billion, for the year ended June 30, which was 12.4% lower than the prior year, reflecting the anticipated softening of infrastructure markets in Australia and New Zealand. Group interim CEO David Simpson noted, however, that the group returned to an operating profit with improved performance across the portfolio of projects while maintaining a robust work-in-hand position.

Infrastructure South Africa promises quarterly updates ahead of release of third edition of ...

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Infrastructure South Africa has indicated that it plans to offer quarterly status reports on the projects that are included in its so-called ‘Construction Book’, which is published yearly and lists public infrastructure projects across all three spheres of government that are considered “construction-ready”. Speaking ahead of the release by President Cyril Ramaphosa of the third edition of the book, Infrastructure South Africa head Mameetse Masemola said the quarterly updates would provide an indication as to whether the projects were proceeding as intended.

How a no-SIM sticker with a tiny battery weighing less than 4 g can track your goods

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Mobility technology and fleet management company GoMetro has launched disposable Bluetooth low-energy (BLE) stickers for companies and individuals to track their goods. GoMetro Internet of Things (IoT) head Francois Snyders says the stickers are designed to provide a simple, cost-effective way to add visibility to parcels, pallets and shipments moving through a logistics network.

Nersa confirms ongoing flow of electricity registrations but implementation progress less clear

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The National Energy Regulator of South Africa (Nersa) has confirmed that 2 692 electricity generation facilities have been registered since 2018, with another 124 registrations completed between April and June, which aligns with the public sector’s first quarter. The overall capacity of registered facilities has increased to a combined 21.9 GW, with the first-quarter registrations adding a further 804 MW.
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